Features

Bitcoin: Breaking the banks

Reports of the demise of bitcoin appear to be premature.

08 July 2016

It’s well known that bitcoin has died a number of times, most recently, it appears, in March this year, when a well-known software developer in the cryptocurrency community said he was throwing in the towel.

Developer Mike Hearn, who previously worked at Google, but left after seven and half years to work full-time on bitcoin development, said in a post on medium.com that despite knowing that bitcoin could fail all along, ‘the now inescapable conclusion that is has failed saddens me greatly’.

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